CNA FINANCIAL CORP
For the period ended Dec 31, 2024. Filed Feb 11, 2025.
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FY2024 · Filed Feb 11, 2025
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Supplemental Information Concerning Property and Casualty Insurance Operations
SCHEDULE VI. SUPPLEMENTAL INFORMATION CONCERNING PROPERTY AND CASUALTY INSURANCE OPERATIONS
| As of and for the years ended December 31 | Consolidated Property and Casualty Operations | ||
|---|---|---|---|
| (In millions) | 2024 | 2023 | 2022 |
| Balance Sheet Data | |||
| Deferred acquisition costs | $959 | $896 | |
| Reserves for unpaid claim and claim adjustment expenses | 24,976 | 23,304 | |
| Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 6.6%) | 615 | 647 | |
| Unearned premiums | 7,346 | 6,933 | |
| Statement of Operations Data | |||
| Net written premiums | $10,605 | $9,892 | $9,128 |
| Net earned premiums | 10,211 | 9,480 | 8,667 |
| Net investment income | 2,396 | 2,163 | 1,751 |
| Incurred claim and claim adjustment expenses related to current year | 6,330 | 5,667 | 5,181 |
| Incurred claim and claim adjustment expenses related to prior years | 42 | 48 | (32) |
| Amortization of deferred acquisition costs | 1,798 | 1,644 | 1,490 |
| Paid claim and claim adjustment expenses | 5,189 | 4,601 | 4,302 |
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CNA Financial Corporation | ||
| Dated: February 11, 2025 | By | /s/ Douglas M. Worman |
|---|---|---|
| Douglas M. WormanPresident and Chief Executive Officer(Principal Executive Officer) | ||
| Dated: February 11, 2025 | By | /s/ Scott R. Lindquist |
| Scott R. LindquistChief Financial Officer(Principal Financial Officer) | ||
| Dated: February 11, 2025 | By | /s/ Amy M. Smith |
| Amy M. SmithChief Accounting Officer(Principal Accounting Officer) | ||
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.
| Dated: February 11, 2025 | By | /s/ Dino E. Robusto |
|---|---|---|
| (Dino E. Robusto, Executive Chairman of the Board of Directors) | ||
| Dated: February 11, 2025 | By | /s/ Douglas M. Worman |
| (Douglas M. Worman, Director, President and Chief Executive Officer) | ||
| Dated: February 11, 2025 | By | /s/ Michael A. Bless |
| (Michael A. Bless, Director) | ||
| Dated: February 11, 2025 | By | /s/ Jose O. Montemayor |
| (Jose O. Montemayor, Director) | ||
| Dated: February 11, 2025 | By | /s/ Don M. Randel |
| (Don M. Randel, Director) | ||
| Dated: February 11, 2025 | By | /s/ Andre Rice |
| (Andre Rice, Director) | ||
| Dated: February 11, 2025 | By | /s/ Kenneth I. Siegel |
| (Kenneth I. Siegel, Director) | ||
| Dated: February 11, 2025 | By | /s/ Andrew H. Tisch |
| (Andrew H. Tisch, Director) | ||
| Dated: February 11, 2025 | By | /s/ Benjamin J. Tisch |
| (Benjamin J. Tisch, Director) | ||
| Dated: February 11, 2025 | By | /s/ James S. Tisch |
| (James S. Tisch, Director) | ||
| Dated: February 11, 2025 | By | /s/ Jane Wang |
| (Jane Wang, Director) | ||
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